Posted by hoot9eonly > 2021-10-28 10:39 | Report Abuse

Guess everyone is monitoring, to breakout at 0.30 ?

Posted by klselittlewhite > 2021-10-28 10:42 | Report Abuse

what is the price target for this stock?

Posted by hoot9eonly > 2021-10-28 10:52 | Report Abuse

0.51- 0.55

Posted by klselittlewhite > 2021-10-28 10:56 | Report Abuse

Ooo, things we can do now is wait only haihya

Posted by telurgoreng > 2021-10-28 14:40 | Report Abuse

Market is overall weak, not just this counter, whole of Bursa is the same la...

Posted by bosskufanboy > 2021-10-28 16:11 | Report Abuse

Market looking weak today

Posted by bosskufanboy > 2021-10-28 16:11 | Report Abuse

@hoot9eonly 0.51- 0.55 so confident o, whats your short term target

Posted by longtermvalue > 2021-10-29 09:54 | Report Abuse

Possible to shoot up upon next 2 QR in Nov and Feb?

Posted by hoot9eonly > 2021-10-29 11:45 | Report Abuse

Hard to said , but pretty good on the their cloud cosec things as I heard some of my friends said the trend of e cosec is starting famous in the market now.

Posted by bosskufanboy > 2021-10-29 15:08 | Report Abuse

So you bullish on ARBB e cosec? Pretty sure it will works out well for ARBB

Posted by hoot9eonly > 2021-10-29 15:19 | Report Abuse

Bullish or nobody know, bur is a trend in business circles.

Posted by blackchicken > 2021-10-29 16:24 | Report Abuse

https://themalaysianreserve.com/2021/10/29/budget-2022-the-biggest-budget-with-rm332-1b-allocation/

Posted by blackchicken > 2021-10-29 18:58 | Report Abuse

Schneider Electric Business, Digital Energy, Malaysia, Singapore and Brunei VP Denver Ng said there are two trends that have opened the door for the sector to successfully deliver better buildings.

“By digitising the industry with the Internet of things (IoT), big data and artificial intelligence (AI) companies can completely connect with all the systems inside their buildings and get the information they need to build a smarter and more desirable futuristic home is a good plan to recover.

“According to the US environmental protection agency, more than 30% of energy and space are wasted in a building. However, if we utilise technology and IoT, as well as big data and AI to greatly lower operating costs and improve productivity by addressing space management, operational efficiency, and the occupants’ experience in Malaysia,” Ng said at Schneider Electric panel discussion titled Shaping Building of the Future recently.

He added that the arrival of 5G technology will speed up technology advancement, allowing buildings to seamlessly incorporate smart solutions, automation and also will drive productivity with a people centric building.

https://themalaysianreserve.com/2021/10/29/construction-sectors-should-offer-more-sustainable-products-says-schneider-electric/

Posted by blackchicken > 2021-10-29 21:38 | Report Abuse

https://www.thestar.com.my/news/nation/2021/10/29/budget-2022-digital-first-programme-to-push-cloud-computing-as-part-of-public-sector039s-digital-transformation

Posted by petronasgloves > 2021-11-01 12:04 | Report Abuse

@neonstrife @hoot9eonly not sure are you guys still in this counter, recently Facebook has been going in to meta world, which is a very good sign for IoT future. Any thought or sharing on this ?

Posted by neonstrife > 2021-11-01 12:10 | Report Abuse

lol, sure at this counter, Nothing to update, therefore not doing any sharing lo.
Yea, the facebook meta is any big future, They announce that next year they will more focus on few industry automotive, IoT, and industrial applications. I guess market now is very nervous and paper hand for tech stock, today onward I will keep collect those tech stock, like Arb, inari, pestech and etc. Genetech guess I will let go first.

hahaha, like WB said : Be Fearful When Others Are Greedy and Greedy When Others Are Fearful. Market going bad, I will keep sapu.

Posted by hoot9eonly > 2021-11-02 09:37 | Report Abuse

2022, the year of IoT !

Posted by bosskufanboy > 2021-11-02 17:36 | Report Abuse

Metaverse for sure sounds fun for the IT geeks, better start to collecting metaverse related stock now

Posted by blackchicken > 2021-11-03 17:53 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/11/03/arb-sets-up-iot-rd-unit

Posted by blackchicken > 2021-11-03 17:54 | Report Abuse

https://www.nst.com.my/business/2021/11/742337/arb-sets-rd-unit-commercialise-research-patented-technology

Posted by bosskufanboy > 2021-11-03 18:20 | Report Abuse

Despite Budget 2022 comes as a negative surprise, the government spending on cloud infrastructure and technology had provided additional buoyancy to the share price for cloud themed player. Moving forward, ARBB is poised to benefit from the Budget 2022, and we see more potential upside for the company alongside with strong buying interest near the support level, and higher low formation is spotted, which is a positive sign for the price movement.

S1 / S2: RM0.270, RM0.250

R1 / R2: RM0.285, RM0.295

Potential upside: 9.25%


https://klse.i3investor.com/blogs/sharkstechnical/2021-11-03-story-h1593658712-Technical_Updates_ARB_BERHAD_KLSE_7181.jsp

Posted by Sumalia > 2021-11-03 18:24 | Report Abuse

hahaha, like WB said : Be Fearful When Others Are Greedy and Greedy When Others Are Fearful. Market going bad, I will keep sapu.

Lol … it depends on how greedy you are .. let’s see ;)

Posted by bosskufanboy > 2021-11-03 18:27 | Report Abuse

:) Good luck!

Posted by bosskufanboy > 2021-11-03 18:27 | Report Abuse

for sure ARBB is planning something much bigger

Posted by goodiewilly > 2021-11-03 19:22 | Report Abuse

On behalf of the Board of Directors of the Company (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities” or the “Principal Adviser”) wishes to announce that the Company proposes to undertake a renounceable rights issue of up to 1,075,350,500 new ordinary shares in the Company (“ARB Shares” or “Shares”) (“Rights Shares”) on the basis of 1 Rights Share for every 1 existing Share held by the entitled shareholders of the Company on an entitlement date to be determined and announced later (“Entitlement Date”) (“Entitled Shareholders”) (“Proposed Rights Issue”).



Please refer to the attachment for further details on the above.



This announcement is dated 3 November 2021.

Posted by influenza19 > 2021-11-03 19:32 | Report Abuse

Netcash company still want to do right issue?
1 Billion new shares!!!
Earning/EPS will be dilute...

Share price will be press lower and lower.
Sad that i have to cutlost, if not i have to be lenghty investor while we do not know whether this multiple new business and acquisitions will bear fruit or not.
When ARB invest RM 5 Millions in C&M Renewable Energy Technology Sdn Bhd (CMSB) it look promising but now it become dormant.

This is why even with looking good fundamental, the share price never rise to it expected value.

When Ageson announced proposal for right issue, it share price fall from 0.100 to now 0.075.
The owner can hold 5, 10 or 20 years, smallshareholder???

Tragedy of falling share price at Fast Energy will be repeated again ( from 0.40 to now 0.15)

Posted by goodiewilly > 2021-11-03 19:48 | Report Abuse

funny, so long the mother share price surge higher, the PA conversion of 20 cents be better and be promising to all existing holders.
Now suddenly it announced Right Issues, all be frighten away and dump as its price has been dropping from 2019 of 0.50++ to todate of 0.27, while 8 QRs are showing good profit.
WTF is these company doing???

Posted by longtermvalue > 2021-11-03 20:17 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ARB BERHAD ("ARB" OR THE "COMPANY") PROPOSED RIGHTS ISSUE

https://www.klsescreener.com/v2/announcements/view/3451487

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=120160&name=EA_GA_ATTACHMENTS

Posted by longtermvalue > 2021-11-03 20:22 | Report Abuse

Anyone mind explaining how does this work? do we need to subscribe to anything?

Posted by longtermvalue > 2021-11-03 20:26 | Report Abuse

Page 13

4. RATIONALE FOR THE PROPOSED RIGHTS ISSUE

The Proposed Rights Issue will enable the Company to raise funds and channel them towards
the proposed utilisation as set out in Section 3 of this announcement.
After due consideration of the various methods of fund-raising, the Proposed Rights Issue is
the most suitable means of fund-raising for the Company at this juncture due to the following
reasons:-

(i) it will involve the issuance of new Shares without diluting the Entitled Shareholders’
shareholdings provided that they subscribe in full for their respective entitlements under
the Proposed Rights Issue;

(ii) it provides an opportunity for the Entitled Shareholders to participate in the equity
offering of the Company on a pro-rata basis; and

(iii) it will enable the Company to raise the requisite funds without incurring additional
interest expense from bank borrowings, thereby minimising any potential cash outflow
in respect of interest servicing costs.

For information, the Company did not undertake any equity fund-raising exercises in the past
12 months before the first announcement of the Proposed Rights Issue.

Posted by blackchicken > 2021-11-03 20:30 | Report Abuse

Encouraged by the growth of its current IT Business, the Group now intends to expand its IT Business further by venturing into the provision of customised hydroponics IOT systems and solutions for the agriculture industry (“Hydroponics IOT Solutions”). Hydroponic farming is a type of modern farming technique which involves the usage water to replace soil to grow plants. In the absence of soil, the roots of plants are exposed to water and nutrient rich solutions that contain all the nutrients and substances required to grow a plant. Hydroponic systems can be established in various scales ranging from small-scale hydroponic systems that are set up at yards or balconies of houses to grow vegetables for households’ consumption, to large-scale hydroponic systems covering acres of land to grow crops for commercial purposes. Some large-scale hydroponic farms also set up their hydroponic systems vertically which consumes less space by utilising layers of racks that are stacked on top of one another to grow crops.

Posted by longtermvalue > 2021-11-03 20:34 | Report Abuse

ARB sets up R&D unit to commercialise research, patented technology

https://www.klsescreener.com/v2/news/view/904269/arb-sets-up-r-d-unit-to-commercialise-research-patented-technology

Posted by longtermvalue > 2021-11-03 20:34 | Report Abuse

ARB sets up IoT R&D unit

https://www.klsescreener.com/v2/news/view/904247/arb-sets-up-iot-r-d-unit

Posted by Tripaka > 2021-11-03 21:01 | Report Abuse

They need your money. Please subscribe ri. Hehe

Posted by mf > 2021-11-03 21:03 | Report Abuse

US 30 35,958.8 -93.8 -0.26%
US 500 4,623.3 -7.3 -0.16%

Posted by goodiewilly > 2021-11-03 21:06 | Report Abuse

share price keeps dropping for the past 3 years.. now dilution with RI, fall more

Posted by Sumalia > 2021-11-03 21:13 | Report Abuse

Look at ( FAST 0084 ) >,<

Posted by longtermvalue > 2021-11-03 21:37 | Report Abuse

Bright side is that it is to be used for future expansion and not paying debts. Still can consider.

Posted by Wong Kah Wei > 2021-11-03 22:33 | Report Abuse

No wondering so many promoter here.

Posted by longtermvalue > 2021-11-03 22:48 | Report Abuse

Wong, I am not a promoter in your definition, just a normal shareholder.

Posted by stocker20 > 2021-11-03 23:28 | Report Abuse

Lok 7 lo kikiki enjoy dilution! Papaya farm reopening ye, management needs cash to hang flower. Still IoT? When want to R&D block chain ah?

Posted by eipun203 > 2021-11-04 10:18 | Report Abuse

Actually who is the promoter ? Lol....

Posted by ryoyagod > 2021-11-04 10:33 | Report Abuse

Not a full bad sign I guess, I am not sure how's everyone think, buy raise capital is very depends. If current shareholders did choose to buy the additional shares, a company could use the funding to clear its debt obligations, acquire assets, or facilitate expansion without having to take out a loan from a bank.

Posted by ryoyagod > 2021-11-04 10:33 | Report Abuse

Honest speaking for long term holder, I am ok with it.

Posted by gkent2000 > 2021-11-04 10:45 | Report Abuse

No idea what happen next, but as a shareholder, I a bit emo but based on recent action on e-cosec thing, I would say yes la, recently the market is just going hot with the e-cosec stuff. I am not sure whose company using but now slowly the market is making changes.

Posted by ryoyagod > 2021-11-04 10:56 | Report Abuse

Ya... A little bit disappointed, maybe they will have a limit up soon.
cosec and zoom related is a smart move.

Posted by petronasgloves > 2021-11-04 11:03 | Report Abuse

Still confident with ARBB. I am in.

Posted by longtermvalue > 2021-11-04 12:08 | Report Abuse

We have to see what is the price of the rights shares. Is it at RM0.12? not sure yet

Posted by longtermvalue > 2021-11-04 12:09 | Report Abuse

Good thing is that they are using the money for expansion in tech sector.

In future a lot of business will need tech and IOT to do management and control to rule out the negative human factors

Posted by longtermvalue > 2021-11-04 12:12 | Report Abuse

Seeing the timetable for expansion, we may need to wait for another 2 years for the good effect to kick in. Honestly I am sure a lot small shareholders like me are losing patience, hope the company will make more clarifications and explanation